Divided Fed ponders US interest-rate cut at end of tumultuous year
Divided Fed ponders US interest-rate cut at end of tumultuous year
Markets expect final rate cut amid pressure from Trump as Jay Powell urges central bank to proceed with caution
A divided Federal Reserve meets this week to decide whether to cut interest rates, the US central bank’s last meeting at the end of a tumultuous year.
The US central bank faces a number of unique challenges as it weighs its latest interest-rate decision.
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Source: Original business report via Business | The Guardian